Hydro-Québec’s Quarterly Bulletin

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Une énergie propre à nous.

Highlights of the first nine months

Markets outside Québec:

Sharp price increase on export markets

Average price obtained: 7.6¢/kWh, a more than 70% increase compared to the 4.4¢/kWh obtained for the same period last year

High export volume: 28.0 TWh

Québec market:

Record sales volume: 134.4 TWh
Cold winter temperatures

January 2022: temperatures 7°C below those recorded in January 2021

Growth in electricity demand across all customer segments

Une énergie propre à nous.

Romaine complex completion:

Commissioning of the second and final generating unit of Romaine‑4 in September 2022

Investments:

Over $3 billion invested in property, plant and equipment and intangible assets across Québec

Financing:

Completion of financing activities for proceeds of $1.1 billion in the third quarter, in a context marked by rising interest rates on the financial markets

Issuance of medium‑term notes maturing in 2028, at a cost of 3.49%: $0.6 billion
Issuance of bonds maturing in 2063, at a cost of 4.09%: $0.5 billion

Total amount raised since the beginning of the year: $4.0 billion

Earlier quarterly publications